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New Model Institute for Technology and Engineering

Registered · see notesRegistered charity number 1176550HerefordEducation and training
Income£5.6m2025-07-31
Spending£6.8msame year
Spent / received130%5-year average
Size in its cause97th pctEducation and training
Registered2018Charitable company
Employees50latest return

Analysis

New Model Institute for Technology and Engineering is a registered charity in England and Wales, based in Hereford. It was registered in January 2018, 8 years ago. Its declared purposes cover education/training, which this site groups under education and training. Legally it is a charitable company (Companies House number 08800142). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.

In the financial year ending July 2025, New Model Institute for Technology and Engineering reported income of £5.6m and spending of £6.8m, spending 123% of what it took in. Across the 5 years on record, from July 2021 to July 2025, income grew from £3.2m to £5.6m (+75%), an average of +15% a year. The sharpest change came in the year to July 2022, when income rose by 186%. Over the whole period it spent 130% of the income it received.

Among 21,402 England and Wales charities whose main cause is education and training and that reported income, New Model Institute for Technology and Engineering sits at the 97th percentile: it is larger than about 97% of them. Against every charity in England and Wales with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Windermere Educational Trust Limited (£5.5m), Moreshet Hatorah Ltd (£5.6m) and Thorpe House School Trust (£5.5m).

In its latest detailed accounts, income came from donations and legacies 56%. Charitable activities took 97% of spending and raising funds 2.4%. Reserves of £3.2m would cover about 6 months of spending at that rate. It employed 50 people.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.

Income and spending

£0£2.3m£4.6m£6.9m£9.1m2021 Income: £3,195,0002021 Spending: £6,958,00020212022 Income: £9,135,0002022 Spending: £8,108,00020222023 Income: £4,968,0002023 Spending: £8,163,00020232024 Income: £5,919,0002024 Spending: £7,440,00020242025 Income: £5,580,0002025 Spending: £6,842,0002025
IncomeSpending

Where the income comes from

  • Donations 56%
  • Investments 0.2%
  • Other 44%

In the charity's own words

Establishing and operating an institution of Higher Education focused on teaching inter-disciplinary engineering

Similar-sized charities, same cause

CharityLocationIncome
Windermere Educational Trust LimitedWindermere£5.5m
Moreshet Hatorah LtdLondon£5.6m
Thorpe House School TrustGerrards Cross£5.5m
The Brilliant ClubLondon£5.6m